Polkadot's Economics Parameters: Proposal 4 (5% constant total inflation)
a year ago
Timed Out
The Wish for Change to reduce inflation to 5%.
Same as https://polkadot.polkassembly.io/referenda/1137 but reduction to 5% instead of 8%
Comments (2)
Proposal Failed
Summary
0%
Aye
0%
Nay
Aye (20)0.0 DOT
Support0.0 DOT
Nay (48)0.0 DOT
If I'm not mistaken, according to this proposal 15% of that 5% inflation would be the amount allocated to the treasury. My question is, is this a sufficient amount to be able to continue financing the development of Polkadot?
@gSan71C
If we calculate based on a total supply of 1.4 billion DOT with a price of 5 USD, this would generate nearly 50 million USD in treasury funds per year. Do you think that's still not enough?
Definitely yes, why not?